Advance Center for Ministry Training Inc

Analysis

Advance Center for Ministry Training Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Advance Center for Ministry Training Inc reported income of $183k and spending of $160k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $183k (+85%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Advance Center for Ministry Training Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Butterfly Community Ministries Inc ($183k), Ambassadors for Christ Inc ($183k) and U-Turn for Christ-Colorado ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $90k against liabilities of $22k, net assets of $69k.